Exercises 1. Selected data from the Tatum Company are presented below: Total assets Average assets Net income Net sales Average common stockholders' equity Net cash provided by operating activities P1,500,000 1,700,000 275,000 1,400,000 1,000,000 275,000 Instructions Calculate the profitability ratios that can be computed from the above information. a. Profit Margin? b. Assets Turnover C. ROA d. ROE

Exercises 1. Selected data from the Tatum Company are presented below: Total assets Average assets Net income Net sales Average common stockholders' equity Net cash provided by operating activities P1,500,000 1,700,000 275,000 1,400,000 1,000,000 275,000 Instructions Calculate the profitability ratios that can be computed from the above information. a. Profit Margin? b. Assets Turnover C. ROA d. ROE

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 32MCQ

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